SaverOne 2014 Ltd. Sponsored ADR (NASDAQ:SVRE) Short Interest Up 81.0% in June

SaverOne 2014 Ltd. Sponsored ADR (NASDAQ:SVRE) saw a large growth in short interest in June. As of June 30th, there was short interest totaling 6,216 shares, a growth of 81.0% from the June 15th total of 3,434 shares. Currently, 2.4% of the shares of the company are short sold. Based on an average trading volume of 2,631,336 shares, the days-to-cover ratio is presently 0.0 days.

SaverOne 2014 Stock Up 1.9%

Shares of SaverOne 2014 stock opened at $3.20 on Friday. The stock’s 50-day simple moving average is $3.73 and its 200-day simple moving average is $3.88. SaverOne 2014 has a 52 week low of $2.02 and a 52 week high of $37.44. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.88 and a current ratio of 2.34.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded shares of SaverOne 2014 from a “sell (e)” rating to a “sell (e+)” rating in a research report on Monday, July 6th. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, SaverOne 2014 currently has a consensus rating of “Reduce”.

Insider Transactions at SaverOne 2014

In other news, Director Visionwave Holdings, Inc. bought 5,529,600 shares of the firm’s stock in a transaction on Wednesday, June 3rd. The shares were bought at an average price of $4.00 per share, for a total transaction of $22,118,400.00. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website.

SaverOne 2014 Company Profile

SaverOne 2014 Ltd, a technology company, engages in the design, development, and commercialization of transportation and safety solutions to save lives by preventing car accidents. The company is developing SaverOne Driver Distraction Prevention Solution system, an advanced driver safety solution that can identify and monitor mobile phones located in the driver's vicinity and selectively block use of life-threatening applications; and solutions for detection of vulnerable road users. The company was incorporated in 2014 and is headquartered in Petah Tikva, Israel.